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Revenue Recognition (Tables)
6 Months Ended
Jun. 29, 2025
Revenue Recognition and Deferred Revenue [Abstract]  
Disaggregation of revenue
The following tables include the disaggregation of Restaurant sales and franchise revenues by restaurant concept and segment for the periods indicated:
THIRTEEN WEEKS ENDED
JUNE 29, 2025JUNE 30, 2024
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$571,897 $7,800 $562,904 $8,076 
Carrabba’s Italian Grill181,141 573 174,576 752 
Bonefish Grill126,671 89 134,279 128 
Fleming’s Prime Steakhouse & Wine Bar95,586 — 88,390 — 
Other— — 1,939 18 
U.S. total975,295 8,462 962,088 8,974 
International Franchise (1)— 7,051 — 9,444 
Other (2)9,476 10 15,691 — 
Total$984,771 $15,523 $977,779 $18,418 
TWENTY-SIX WEEKS ENDED
JUNE 29, 2025JUNE 30, 2024
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$1,169,378 $15,969 $1,166,517 $16,396 
Carrabba’s Italian Grill365,471 1,235 359,005 1,488 
Bonefish Grill262,662 193 278,782 288 
Fleming’s Prime Steakhouse & Wine Bar197,914 — 184,552 — 
Other— — 4,128 56 
U.S. total1,995,425 17,397 1,992,984 18,228 
International Franchise (1)— 16,334 — 19,556 
Other (2)18,863 32 31,485 — 
Total$2,014,288 $33,763 $2,024,469 $37,784 
________________
(1)Includes intercompany royalties from Brazil prior to the sale and royalties from Brazil after the sale.
(2)Includes Restaurant sales for Company-owned restaurants in Hong Kong.
Contract with customers, asset and liability
The following table includes a detail of assets and liabilities from contracts with customers included on the Company’s Consolidated Balance Sheets as of the periods indicated:
(dollars in thousands)JUNE 29, 2025DECEMBER 29, 2024
Other current assets, net
Deferred gift card sales commissions$12,554 $16,935 
Unearned revenue
Deferred gift card revenue$299,636 $366,059 
Deferred loyalty revenue6,892 6,073 
Deferred franchise fees - current530 490 
Other1,358 1,477 
Total Unearned revenue$308,416 $374,099 
Other long-term liabilities, net
Deferred franchise fees - non-current$4,360 $3,901 

The following table is a rollforward of deferred gift card sales commissions for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 29, 2025JUNE 30, 2024JUNE 29, 2025JUNE 30, 2024
Balance, beginning of the period$13,127 $13,520 $16,935 $18,081 
Deferred gift card sales commissions amortization(4,870)(5,163)(11,767)(12,661)
Deferred gift card sales commissions capitalization4,900 4,942 8,873 8,856 
Other(603)(649)(1,487)(1,626)
Balance, end of the period$12,554 $12,650 $12,554 $12,650 

The following table is a rollforward of unearned gift card revenue for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 29, 2025JUNE 30, 2024JUNE 29, 2025JUNE 30, 2024
Balance, beginning of the period$308,738 $310,634 $366,059 $372,551 
Gift card sales58,035 57,997 104,561 103,158 
Gift card redemptions(63,072)(65,580)(160,666)(166,596)
Gift card breakage(4,065)(3,961)(10,318)(10,023)
Balance, end of the period$299,636 $299,090 $299,636 $299,090